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Winter Storm Near Miss: Southern Ontario Could Still See Heavy Snow

  A major winter storm developing across the central United States is expected to track close enough to southern Ontario this weekend to bring the risk of significant snowfall. While the core of the system is projected to remain south of the border, its northern edge may still sweep across regions from Windsor to the Greater Toronto Area. Forecasters say the exact path remains uncertain, but current projections suggest that areas along and south of Highway 401 could see notable accumulations if the storm shifts even slightly north. Some models indicate the potential for 10–20 centimetres of snow, with locally higher amounts possible if lake‑enhanced bands develop. The storm threat comes as southern Ontario braces for a surge of bitter cold. Wind chills dipping into the minus twenties may precede the system, creating conditions that could intensify snowfall rates and make travel more difficult. Meteorologists continue to monitor the storm’s trajectory closely. Residents are enco...
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Trade War Looms: Economists Brace for Impact as Loonie Weakens


As the specter of a trade war looms large, economists and market strategists are sounding the alarm, warning of potential repercussions for the Canadian economy. The recent announcement of sweeping tariffs by U.S. President Donald Trump on Canadian goods has sent shockwaves through financial markets, causing the Canadian dollar, or "loonie," to slide to its lowest level since 2003.

Top economists predict that if the tariff war persists, Canada's economy could face its most severe shock since the COVID-19 pandemic. The loonie's decline is expected to exacerbate inflationary pressures and increase the unemployment rate, potentially pushing the economy into a recession. 

Chief Economist Beata Caranci and Senior Economist James Orlando anticipate a "sharp negative reaction" in North American equity markets and further weakening of the loonie, which could drop as low as 65 US cents. The Bank of Canada may be forced to cut interest rates to mitigate the economic impact.

As the situation unfolds, market strategists advise investors to brace for volatility and consider safe-haven assets to weather the storm. The coming weeks will be crucial in determining whether negotiations can avert a full-blown trade war and stabilize the loonie.




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